Contents
Download PDF
pdf Download XML
429 Views
368 Downloads
Share this article
Advertisement
Research Article | Volume 4 Issue 1 (Jan-June, 2023)
Business Strategy for Small IT Enterprises in Indonesia: A Case Study of PTIDM Using Business Model Canvas and PEST Analysis
 ,
Under a Creative Commons license
Open Access
Published
May 10, 2023
Abstract
In Indonesia, MSMEs have contributed significantly to the country's GDP, employment rate, and investment. With the growing IT industry in Indonesia, MSMEs in this industry have a vast potential for growth. However, both internal and external factors can impact their growth and success. In this study, we aimed to provide recommendations for the business strategy of PTIDM, a small IT enterprise in Indonesia, using qualitative methods and internal and external analysis. Our analysis using the Business Model Canvas (BMC) and PEST analysis identified several factors that affect PTIDM's performance. We found that the declining revenue of PTIDM could be attributed to a lack of clear roles and standard operating, procedures for employees, limited marketing efforts, and low emphasis on service offerings. The political stability, growing economy, increasing demand for IT products and services, and emerging technologies in Indonesia offer opportunities for PTIDM to expand its business and attract new customers. The proposed BMC emphasizes the importance of personalized services, social media optimization, and external funding to maintain a skilled workforce, attract new customers, and generate revenue. Our study provides insights into the development of effective business strategies for MSMEs in the IT industry in Indonesia.
Keywords
Advertisement
Recommended Articles
Research Article
Mapping Government Influence in Firms’ ESG Performance
...
Published: 08/09/2024
Download PDF
Research Article
The Relationship Between Pressure, Opportunities, Rationalization and The Intention to Engage in Dishonest Conduct in E-Learning: A study of Employees in Healthcare Company
Download PDF
Research Article
Influence of Leadership on Poverty Reduction in the Devolved Government in Trans-Nzoia County, Kenya
...
Published: 30/06/2021
Download PDF
Research Article
Formulating Business Strategy to Gain Sustainable Brand Business for OMG
...
Published: 09/08/2024
Download PDF
Chat on WhatsApp
Flowbite Logo
Najmal Complex,
Opposite Farwaniya,
Kuwait.
Email: kuwait@iarcon.org

Editorial Office:
J.L Bhavan, Near Radison Blu Hotel,
Jalukbari, Guwahati-India
Useful Links
Order Hard Copy
Privacy policy
Terms and Conditions
Refund Policy
Others
About Us
Contact Us
Online Payments
Join as Editor
Join as Reviewer
Subscribe to our Newsletter
Follow us
MOST SEARCHED KEYWORDS
scientific journal
 | 
business journal
 | 
medical journals
 | 
Scientific Journals
 | 
Academic Publisher
 | 
Peer-reviewed Journals
 | 
Open Access Journals
 | 
Impact Factor
 | 
Indexing Services
 | 
Journal Citation Reports
 | 
Publication Process
 | 
Impact factor of journals
 | 
Finding reputable journals for publication
 | 
Submitting a manuscript for publication
 | 
Copyright and licensing of published papers
 | 
Writing an abstract for a research paper
 | 
Manuscript formatting guidelines
 | 
Promoting published research
 | 
Publication in high-impact journals
Copyright © iARCON Internaltional LLP . All Rights Reserved.